Natera Inc’s recently made public that its CO-FOUNDER Sheena Jonathan unloaded Company’s shares for reported $2.47 million on Apr 03 ’24. In the deal valued at $92.47 per share,26,700 shares were sold. As a result of this transaction, Sheena Jonathan now holds 321,031 shares worth roughly $31.06 million.
Then, Brophy Michael Burkes sold 1,378 shares, generating $127,629 in total proceeds. Upon selling the shares at $92.62, the CHIEF FINANCIAL OFFICER now owns 70,646 shares.
Before that, Chapman Steven Leonard sold 2,662 shares. Natera Inc shares valued at $240,687 were divested by the CEO AND PRESIDENT at a price of $90.42 per share. As a result of the transaction, Chapman Steven Leonard now holds 234,526 shares, worth roughly $22.69 million.
Raymond James downgraded its Natera Inc [NTRA] rating to an Outperform from a a Strong buy in a research note published on February 20, 2024; the price target was increased to $85 from $68. A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Guggenheim began covering NTRA with “Buy” recommendation on December 14, 2023. Wolfe Research started covering the stock on December 13, 2023. It rated NTRA as “an Outperform”.
Price Performance Review of NTRA
On Friday, Natera Inc [NASDAQ:NTRA] saw its stock jump 4.75% to $96.75. Over the last five days, the stock has gained 5.78%. Natera Inc shares have risen nearly 54.45% since the year began. Nevertheless, the stocks have risen 80.07% over the past one year. While a 52-week high of $96.80 was reached on 04/05/24, a 52-week low of $36.90 was recorded on 01/05/24. SMA at 50 days reached $80.59, while 200 days put it at $59.11. A total of 1.54 million shares were traded, compared to the trading of 1.28 million shares in the previous session.
Levels Of Support And Resistance For NTRA Stock
The 24-hour chart illustrates a support level at 94.51, which if violated will result in even more drops to 92.28. On the upside, there is a resistance level at 98.90. A further resistance level may holdings at 101.06. The Relative Strength Index (RSI) on the 14-day chart is 72.29, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.88, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.94%. Stochastics %K at 65.59% indicates the stock is a holding.
How much short interest is there in Natera Inc?
A steep rise in short interest was recorded in Natera Inc stocks on Mar 15, 2024, growing by 0.12 million shares to a total of 7.95 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 7.83 million shares. There was a rise of 1.51%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 7.01% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.92.
